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Micado

Active Private limited company (pre-2019)founded 2018active for 7 yearsAzalealaan 9, 2300 TurnhoutKBO/BCE: BE 0715.850.496

Lifetime

7 annual accounts with figures on one time axis
peak €121,731 (2023)
€93,544▲ 21.5%
lowest -€43,985 (2019)
€34,339▲ 198%
peak €506,114 (2025)
€506,114▲ 7.3%
€485,012▼ 7.9%
Board1 name since 2018
1 director
Documentsfilings and deeds
25-09-202656 days late
2025micro format
Gross margin from €76,996 to €93,544Result from €11,534 to €34,339Cash from €17,281 to €5,939

Key points

from the 2025 annual accounts

Equity

€506,114 ▲ 7.3%

Micado has made a profit without a break since 2022.

Turnover

≈ €280,000 estimated

The micro format states no turnover.

Filings

7 annual accounts 5 late
AprilJune31 JulyOctober202020222024

The 2025 accounts came latest: 56 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,637 companies had the same profile as Micado has now. Each dot stands for 5 companies, two years later.

95.4%
were still trading
3.7%
stopped another way
0.5%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,637 companies, not a prediction for Micado. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager
  • founderdeed of 27-12-2018
  • founderdeed of 27-12-2018
Board & ownership

Recent changes

Registered office moved from Turhout to Turnhout New registered office: Azalealaan 9, 2300 Turnhout · Previous registered office: Parklaan 55 bus 3, 2300 Turhout · General meeting of 01-04-2021 · Gazette deed
Incorporation Founding capital of €156,000, 100 shares · Founders: and · Appointment: (manager) · published on 27-12-2018 · Gazette deed
All 13 events

Official details

Source: KBO
Status
Active since 14-12-2018Normal situation
Activity
“Het beheer van onroerend en roerend vermogen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met…” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€1.0m▼ 0.7%
Filing
Filed on 25-09-2026
Financials

Insights on Micado

Micado files the micro format. That format states no turnover. The gross margin rose from €52,631 in 2019 to €93,544 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Micado

What is the company number of Micado?
The company number of Micado is 0715.850.496. The VAT number is the same number with BE in front: BE 0715.850.496.
Where is Micado based?
The registered office is at Azalealaan 9, 2300 Turnhout.Company details
What is the legal form of Micado?
Micado is a private limited company (pre-2019) (BVBA).
When was Micado founded?
Micado was founded on 14-12-2018.
Is Micado still active?
Yes, Micado is an active enterprise in the KBO register.
What is the turnover of Micado?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €93,544 and 2,981 comparable companies of the same size. It probably lies between €180,000 and €480,000. It is a rough estimate.Financials
Is Micado profitable?
In financial year 2025, Micado made a profit of €34,339.
Where can I find the annual accounts of Micado?
Micado filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Micado due?
Micado must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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